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Latest: Fintech News

Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade
Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade

The personal data of 33.7 million customers was leaked in a months-long breach at South Korea's e-commerce giant Coupang. Users’ names, emails, phone numbers and other details were exposed

China’s Military Suppliers Hit by Corruption Purge, Report Says
China’s Military Suppliers Hit by Corruption Purge, Report Says

Revenues of China's top military firms fell 10% last year after the PLA and its Rocket Force were targets of a corruption crackdown ordered by President Xi, new report says

Nexperia Row With Chinese Parent Worsens Amid Chip Supply Pain
Nexperia Row With Chinese Parent Worsens Amid Chip Supply Pain

Caught in the middle of the continuing tensions around the Dutch chipmaker are global automakers who rely on the firm for its ubiquitous chips and experts say they have 'no way out'

Vietnam’s 5G Deals With Huawei, ZTE Raise US Concerns
China Vanke Gets S&P Downgrade, Faces Rejig Amid Debt Crisis
China’s Baidu Laying Off Staff After Third Quarter Loss: Sources
Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI
Taiwan May Train US Workers in Chipmaking Under Tariff Deal
Huge HK Fire Adds to a Bad Day For China’s Property Sector
Powerful Nvidia Chip May Put Chinese Chipmakers in Choppy Waters

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors